CFO Insider is a daily newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts.
A strong grasp on data can increase a company’s exit value (CFO.com)
Your company might realise a greater exit valuation if a strong data curation plan is implemented ahead of a sale.
“Among the most valuable preparations for exit is maximizing the use of company data,” according to CFO.com. “While most CFOs have command of financial and accounting data, integrating insights from sales/CRM, customer transaction-level, and operations data creates additional value.”
Data analysis allows company leaders to fully understand what drives value to their company while also determining potential issues ahead of an exit.
Strong data analysis can also help executives “demonstrate growth drivers and future growth runway, and understand current and future profit drivers,” CFO.com reports.
Business Insider asked Emolument, a salary-benchmarking website that collects self-reported pay data, to share information on which college majors earn the most money in the financial district.
“They gathered data on 840 finance professionals in New York at the analyst, associate, vice president, and director level,” Business Insider reports.
While accounting and management degrees helped increase salary numbers for some workers, they also found that a humanities major can go a long way in reaching nearly six figures.
The top 24 best business schools for your money (Business Insider)
Business Insider ranked the best 24 business schools for your money from its list of the 50 best business schools in the world, using a ratio of starting salary to out-of-state tuition to determine which schools give you the best bang for your buck.
“Brigham Young University’s Marriott School of Management came in No. 1 on our list, with grads going on to earn average starting salaries of $102,800, more than twice the $47,900 cost of tuition,” Business Insider reports. “Coming in at No. 2 is Nanyang Business School, where the cost of tuition ($39,100) is only half of what grads, on average, will make at their first jobs ($80,300).”
Fourteen of the 24 schools on the list are located outside of the US, likely because many offer more cost-effective one-year MBA programs.
NOW WATCH: The 5 best business schools in the world
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